Cost basis is the original value of an asset for tax purposes, adjusted for stock splits, dividends, and return of capital distributions. ... plus any commissions or fees involved in the purchase.

Since your total shares are 150 and the average cost per share is $2,750 ÷ 150 = $18.33, the cost basis for 120 shares is as follows: 120 × $18.33 = $2,200. Tip People often confuse repairs with ...

What does “cost basis” mean? It’s a fancy way of saying “cost, adjusted up or down.” If you buy 100 shares of Potlatch at $34 plus a $9 commission, then your basis is $3,409.

When buying a stock, the cost basis is the purchase price of the shares plus the commission fees paid to the broker. That means if an investor bought 100 shares worth $20 and paid a $30 commission ...

Cost basis is key to understanding your tax obligations and the true profit of your investments. Here’s everything you need to know about cost basis, ... plus any other trading costs.

You are responsible for reporting your cost basis information accurately to the IRS. Selling an investment typically has tax consequences. To figure out whether you need to report a gain -- or can ...

Your cost basis is $2,075 plus her brokerage commission. Why is Mildred’s basis your basis? Revisit that primer. ... The cost basis that goes on Schedule D is not $92,000 but $100,000.

Cost basis is the purchase price, plus transaction fees, of the investments you own. You are required to pay capital-gains tax on the difference between the cost basis and your selling price, ...

In that case, your cost basis is $1,500 plus the $50 commission you paid on the sale. That means you owe capital gains taxes on the $400 difference between your basis and the $1,950 net proceeds ...

Selling an investment typically has tax consequences. To figure out whether you need to report a gain—or can claim a loss—after you sell, you need to know the cost basis for that investment.